$745,000

Pending

Est. Mortgage $0/mo *

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356 Elm Street, Biddeford, ME, 04005

356 Elm Street, Biddeford, ME, 04005
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4 Full baths

1890

Other Style

3,598 sqft

96.5 % FHA FINANCING AVAILABLE. TERRIFIC OWNER OCCUPIED OR INVESTOR PURCHASE. Rents are below market rate and need to be increased. All tenants are tenants at will. Three units have been recently remodeled. Route one exposure with a high traffic count located at the 5 points intersection. This property is located in the B2 business zone and allows many different residential & commercial uses. Currently this building is utilized as a 4 unit apartment building, but it can additionally allocate for combined commercial & residential usage. This is an ideal diversified income producing property. Don't let this location pass you by. The real estate being conveyed is the right side of the building only. The left side of the building is owned by someone else (360-364 Elm St) but is available for purchase. One structure with a center party wall separation. 24 HOUR NOTICE REQUIRED FOR SHOWINGS. Seller will contribute towards buyers closing costs!

Status:

Pending

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

4

Zoning:

B2

Garage:

1-car

Heating:

Multi-Zones, Hot Water, Baseboard

Cooling:

None

Basement:

Dirt Floor, Full, Interior Entry, Unfinished

Parking:

5 - 10 Spaces, Paved, On Site, Off Street

Acreage:

0.35

Est. Taxes:

$6,351

Construction

Vinyl Siding, Asbestos, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Public Transit

Amenities:

Bathtub

MLS #:

1580467

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Realty Sales Inc